Business

Corporate, income tax collection for this fiscal year is set to fall for first time in at least two decades

Amid the country's weakest economic growth in over six years

Treasury chief says Trump likely to consider exemptions for small businesses

Targets big refiners of Russian oil in Europe, Asia as fight with Moscow escalates

Aims to create awareness, protect public from fraud and scams

Around 21 firms in Pakistan qualified to process citrus for export to Beijing

Most of the selling was made in past one month

Flights have been stopped on many important routes due to coronavirus

Official says OMCs' reluctance to lift oil may also lead to gas crisis

MPC minutes show economic growth will remain low this year

Airline plans to cut jobs and ground aircraft to tackle the worsening situation

Dow, S&P still headed for their worst week since the financial crisis

Analyst says recovery after panic selling across all asset classes has supported precious metals too

Italy, Spain impose trading curbs, banning short-selling of dozens of stocks to stem market rout

Coronavirus outbreak threatens demand, crude producers promise more supply

Benchmark index increases 0.29% to close at 36,060.88 points

Move will pave way for two World Bank budgetary support loans worth $750m

European carriers worst hit as shares battered; Norwegian Air slumps 25%

Envoy insists both countries aim to raise bilateral trade to $5b annually

PM Imran Khan also says benefit of falling oil prices to be passed on to consumers

Foreign selling of T-bills, divestment at PSX drag down currency

Currency dealers meet SBP high-up to discuss issue

GSP adviser says 44 departments are working to thresh out viable solutions under NSW

PTI govt to hand over role of tax refunds to State Bank of Pakistan

Parliamentarians seek reversal of 17% sales tax levied on export-oriented sector

Central bank cites no reason for increase in reserves

Pan-European STOXX 600 drops 5%, mainly dragged down by travel and leisure sector

Bitcoin slumped its lowest

Two main benchmarks are down about 50% from highs reached in January

Index slips to 35,956.69 as sell-off in global markets intensifies

PTI govt insists PTI leader Jahangir Tareen offering sweetener at a less rate

Imran Khan assures officials of full support in addressing their concerns

Decline comes due to soaring auto prices, slowdown in Pakistan’s economy

Finance ministry reveals no room to increases salaries of govet employees before budget

Pressure mounts as foreigners pull out investment amid virus fears

World is now likely to avoid concentration of industries in one country

Survey considered 547 listed companies, of which 50 did not have any record

Hisense investing $800,000 for establishing a new air conditioner assembly line in Pakistan

Pakistan Refinery Limited says OMCs are importing, not lifting locally produced oil products

Relief package will provide cheap electricity to major export industries

Benchmark index decreases 0.06% to close at 37,673.25 points

Prices climbed $2 earlier on hopes that spending cuts by North American producers would lead to a drop in output

Bank of England also announced measures to support lending to small businesses

Deals at low crude prices will ease pressure on country’s foreign currency reserves

They had submitted challans but were unable to file asset declarations

Global economy tumbling due to the coronavirus outbreak, Pakistan is also feeling the impact

Earnings amounted to $14.36b in the same period of previous fiscal year

Pakistani company is seeking to acquire 50% shares in Saudi steel unit

Debt growth slows due to stable exchange rate, better non-tax revenues

Will buy 100,000 tonnes from sugar mill owners for utility stores